Audio By Carbonatix
The Electricity Company of Ghana (ECG), is set to commence unannounced nightly swoops to clamp down on illegal users of power nationwide.
According to the power company, this move is aimed at cutting down on the increased cases of power theft throughout the year.
Speaking to JoyNews, General Manager of the Revenue Protection Unit at ECG, Michael Twum Barimah Badu, explains there will be tax forces to execute this directive.
”The first tax force has to do with the unplanned outages within the company. The second is the commercial loss reduction tax force,” he said.
The exercise is targeted at industries, entertainment centres, hotels and households who use electricity power illegally thereby, causing financial loss to the state.
“The Electricity Company is suffering a lot from power theft. When we purchase from our power suppliers, we lose about 24.6%. Out of the 24.6%, 10% is due to technical losses and a whopping 14.6% goes for commercial loses and 1% of these losses translate to approximately $17million,” he revealed.
Meanwhile, the power company has advised Ghanaians to desist from the act or face serious sanctions.
Latest Stories
-
BoG failed in its supervisory role in GN Bank crisis — Senyo Hosi
1 minute -
Mahama cuts sod for Bole College of Education, unveils major development projects for Savannah Region
29 minutes -
NDC tightens control over media representation
31 minutes -
GN Savings licence revocation came as a shock – Dr Kweku Ndoum
32 minutes -
GN Bank was not insolvent before downgrade and licence revocation – Kweku Ndoum
33 minutes -
US tells foreigners seeking green cards: Return to your countries to apply
37 minutes -
Trump says he will not attend son Donald Trump Jr.’s wedding
40 minutes -
Without discipline, Ghana risks a return to IMF – CPS Director warns
51 minutes -
Minority caucus demands immediate laying of BoG accounts before Parliament
56 minutes -
Black Sherif takes victory lap to Telecel Ghana HQ after 27th TGMA sweep
1 hour -
Build inclusion into core of workplace culture – Telecel Ghana HR Director
1 hour -
The youth are drowning – Vivies Dance and Theatre Academy sparks national conversation on addiction
1 hour -
Bank of Ghana revoked GN Savings & Loans licence solely on insolvency grounds, not other alleged breaches — Lawyer for GN reveals
1 hour -
Justice for Sale: How Ghana’s laws protect the powerful and punish the poor
1 hour -
I wish some Ghanaians in US would go to school and improve themselves – Ambassador Smith
1 hour